PFW Advisors LLC Acquires Shares of 133,920 iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

PFW Advisors LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 133,920 shares of the company’s stock, valued at approximately $6,053,000. iShares Core Total USD Bond Market ETF comprises approximately 1.9% of PFW Advisors LLC’s portfolio, making the stock its 15th biggest position.

Several other hedge funds have also added to or reduced their stakes in the company. SWAN Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $25,000. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $25,000. Peterson Financial Group Inc. bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $30,000. Evermay Wealth Management LLC acquired a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $31,000. Finally, Darwin Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $32,000.

iShares Core Total USD Bond Market ETF Trading Down 0.1 %

IUSB traded down $0.05 during mid-day trading on Monday, hitting $44.72. The stock had a trading volume of 3,604,103 shares, compared to its average volume of 2,974,429. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The stock’s fifty day simple moving average is $45.57 and its 200-day simple moving average is $46.07.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. This represents a $1.93 annualized dividend and a dividend yield of 4.31%. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF Company Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.